Reall all the latest E-invoicing notifications and updates here. All the notifications from the implementation of e-invoicing are covered in this article.
E-invoicing has been the biggest and one of the most talked-about changes when it comes to GST in 2020. Read all about E-invoicing and its applicability with following heads/parameters...
The validations are categorized in 4 major buckets for better understanding. Here are the rules for e-invoicing that you must take care in order to avoid errors. Read more...
As a concept, e-invoicing has many advantages to offer to all the participants – suppliers, recipients and the Government. It also opens up avenues to provide value-added solutions and services by using the highly standard, processable and recent invoice data.
The e-invoice received from the suppliers will have the extra-information related to IRN. Hence, the recipients now need to verify the same and keep it for records.
To start generating e-invoices, there are certain preparatory activities. Organizations can get started with these in parallel to getting their internal system and processes ready for e-invoices. In this article, we share all the important tasks that one needs to undertake before starting their e-invoicing journey.
As per the latest GST Notification 1/2022 released on 24th February 2022, e-invoicing has been made mandatory for all the B2B transactions from 1st April 2022 for all the entities with an aggregate annual turnover of Rs. 20 Cr. or more in any financial year from 2017-18 onwards. Read the complete article to know all the related changes.
E-invoicing model has been adopted by many countries globally with varying implementation models. The Indian adoption consists of following components.
Falling Under The E-invoice Criteria? Here Are Mistakes To Avoid | E-invoice Preparation | E-invoicing in India | E-invoicing under GST
1st October 2021 marks the one-year completion of e-invoicing in India. Presently, the system adoption rate stands at 80% and is likely to increase even further. However, just like constant GST law changes, e-invoicing is also evolving and is undergoing changes. All the taxpayers that fall under the threshold, need to take note of the changes/updates mentioned in this article.
Understanding E-invoicing and QR code generation for B2C transactions made easy! Also read, all about QR Codes in case of B2C invoices and transactions.